Future Coupons, a promoter group entity of Future Retail
, has received Rs1,500cr from Amazon for 49% stake in the company, reported CNBC-TV18.
Future Coupons holds 7.3% stake in Future Retail.
Future Retail Ltd is currently trading at Rs346.75 down by Rs0.6 or 0.17% from its previous closing of Rs347.35 on the BSE.
The scrip opened at Rs350 and has touched a high and low of Rs355.75 and Rs343.60 respectively. So far 6,31,740 (NSE+BSE) shares were traded on the counter.
The current market cap of the company is Rs17,457.76cr.